Word: consumerized
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The Gist: The College Board has released its annual report on the cost of higher education, and the news is distressingly predictable: despite the current economic downturn, college is getting more expensive. Tuition and fees for the 2009-10 school year at a private, four-year college or university now...
Trade is the big wild card. Canada is riding a wave of replenishment by U.S. automakers and manufacturers, whose inventories hit record lows earlier this year as a result of restructuring and a downward spiral in consumer spending. But it's unclear how long that can sustain a recovery north...
"The most important thing is that Russia and China have the need and capacity to enhance cooperation and the two economies are complementary to each other," Putin told China's state-run Xinhua news service. For each side, there are clear benefits: Russia's energy companies secure a stake in...
What about our financial system in general? You belong to group of executives who have proposed changes to financial regulation. One of the ideas being considered is to create a national financial regulator who is solely focused on consumer protection. Do you think that is a good idea? I think...
Exactly why the placebo and nocebo responses arise is a puzzle, but a fascinating article in Wired magazine noted earlier this year that the positive placebo response to drugs has increased during clinical trials over the past few years. The article speculated that drug advertising - which exploded after 1997, when...